Special Situations Funds Drive RBC Index

Feb 15 2007 | 2:24pm ET

The RBC Hedge 250 Index, an investable benchmark composed of 250 funds, returned 1.18% in January, RBC Capital Markets announced today. That figure trailed both the finalized December return of 1.4% and the Standard & Poor’s 500, which was up 1.51% last month.

As other indices have show, January was a good month for event-driven funds. The RBC mergers & special situations index rose 2.55% in January. Strong performances were also turned in by convertible arbitrage (1.9%), multi-strategy (1.84%) and managed futures (1.65%). On the other end of the spectrum, both fixed-income arbitrage (0.1%) and macro (0.3%) were essentially flat.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of